Japan Stocks: Advantest, Cresco, Renesas, Sumco, Tokyo Dome

Sept. 21 (Bloomberg) -- Japan’s Nikkei 225 Stock Average
rose 19.92, or 0.2 percent, to 8,741.16 as of the 3 p.m. close
of trading in Tokyo. The following were among the most active
shares in the Japanese market today. Stock symbols are in
parentheses after company names.

Advantest Corp. (6857 JT), a maker of memory-chip testers,
lost 2.6 percent 841 yen. The company was lowered to “neutral”
from “overweight” by JPMorgan Chase & Co., which also cut its
share price target on the company to 1,000 yen from 2,500 yen.

Cresco Ltd. (4674 JT), a business-software developer,
jumped 7.1 percent to 557 yen, its biggest drop since March 22.
The company boosted its net income forecast by 26 percent to 240
million yen, citing an increase in information technology
investments.

Daihatsu Motor Co. (7262 JT), a maker of minicars, gained
4.9 percent to 1,380 yen, its highest level since Sept. 2008.
The company said it expects to sell about 7,000 of its new Mira
e:S minicars a month in Japan.

DIC Corp. (4631 JT), a maker of printing ink, declined 5.2
percent to 147 yen. The company was cut to “neutral” from
“buy” by Goldman Sachs Group Inc., which cited a delay in the
recovery of ink sales because of an economic slowdown in the U.S.
and Europe. Goldman also lowered its share price target to 190
yen from 220 yen.

Softbank Corp. (9984 JT), a mobile-phone operator, fell 4.1
percent to 2,602 yen. Vodafone Group Plc, which currently has a
partnership agreement with Softbank, will replace existing
agreements by joining the Conexus Mobile Alliance, which covers
at least 10 Asian countries and includes NTT DoCoMo Inc.

Sumco Corp. (3436 JT), a maker of silicon wafers for
semiconductors, slumped 6.1 percent to 765 yen, its lowest level
on record. The company’s share price estimate was cut to 720 yen
from 800 yen by Goldman, which cited a downturn in the silicon
wafer business.

Takara Bio Inc. (4974 JT), a drug company, jumped 4.2
percent to 425 yen. The company increased its first half net
income forecast to 90 million yen from its previous outlook of a
45 million yen net loss, citing improved sales in its gene
medical business.

Tokyo Rope Manufacturing Co. (5981 JT), a maker of wires
and ropes, declined 3.9 percent to 173 yen. The company was
lowered to “neutral plus” from “outperform” by Cosmo
Securities Co., which cited a lower earnings outlook. Cosmo also
cut the share price target to 240 yen from 410 yen.